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Costco Wholesale

COSTNASDAQ

Costco Wholesale Corp is a leading global retailer that operates a membership-based warehouse club model. The company focuses on high sales volume and rapid inventory turnover by offering a limited selection of nationally branded and private-label products at low prices. Its value proposition is built on operating efficiencies, volume purchasing, and a membership fee structure that allows for significantly lower gross margins than traditional retailers.

Market Cap$457.86B
Revenue TTM$275.24B
Net Income TTM$8.1B
P/E Ratio53.89
Net Margin2.94%
EPS TTM$18.21
Free Cash Flow TTM$14.7B
Employees316.0K
CEORon Vachris
CountryUnited States of America
Consumer Defensive
Discount Stores
SegmentsDiscount Stores, Retail, Warehouse Clubs
Business ModelsMembership-based retail, Direct-to-consumer e-commerce, Private-label manufacturing
Next EarningsMay 28, 2026 · in 2 monthsQ3 2026

Financials

Based on Q4 2025 filing

Gross Margin12.84%
Op. Margin3.77%
ROE29.58%
D/E26.97%
Current Ratio1.04
Total Debt$8.2B
Cash$16.2B
CapEx TTM$8.7B

Net Income

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Operating Cash Flow

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EPS (Diluted)

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Business Segments

Core Merchandise

primary

The primary retail offering consisting of high-quality brand-name and private-label goods across food and non-food categories.

Products

Kirkland Signature, Foods and Sundries, Fresh Foods, Major Appliances, Electronics, Health and Beauty Aids, Apparel

Customers

Gold Star Members, Business Members, Executive Members

Warehouse Ancillary

major

On-site services and specialized departments located within or adjacent to warehouses designed to increase shopping frequency.

Products

Gasoline, Pharmacy, Optical, Food Court, Hearing Aids, Tire Installation

Customers

Gold Star Members, Business Members, Executive Members

Other Businesses

moderate

Complementary services and specialized retail formats including digital commerce and travel services.

Products

Costco Travel, Costco Logistics, Business Centers, E-commerce

Customers

Gold Star Members, Business Members, Executive Members, Food Service Operators

Segment Financials

Foods and Sundries — Total Revenue

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Fresh Foods — Total Revenue

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Non-Foods — Total Revenue

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Ancillary and Other Businesses — Total Revenue

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Canada — SG&A

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Canada — Merchandise costs

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Business Overview

Competitive Position

A dominant global warehouse club operator known for high member loyalty and a low-cost operating structure.

Geographies

United States, Canada, Mexico, Japan, United Kingdom, Korea, Australia, China, Taiwan, Spain, France, Sweden, Iceland, New Zealand

Customer Segments

Individual consumers, Small business owners, Corporate employees

Upstream Dependencies

National brand manufacturers, Private-label contract manufacturers, Agricultural producers, Logistics and freight providers

Downstream Customers

Individual household consumers, Small businesses, Food service providers, Convenience store owners

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Costco Wholesale FAQ

Common questions about Costco Wholesale

Costco Wholesale Corp is a leading global retailer that operates a membership-based warehouse club model. The company focuses on high sales volume and rapid inventory turnover by offering a limited selection of nationally branded and private-label products at low prices. Its value proposition is built on operating efficiencies, volume purchasing, and a membership fee structure that allows for significantly lower gross margins than traditional retailers.

Costco Wholesale is scheduled to report earnings for Q3 2026 on May 28, 2026. Analysts estimate revenue of $68.7B.

Costco Wholesale generated $275.24B in trailing twelve-month revenue with net income of $8.1B, representing a net margin of 2.9%. Gross margin stands at 12.8%, with free cash flow of $14.7B. These figures are based on the Q4 2025 filing.

Costco Wholesale's key competitors include Sam's Club, Amazon, Target, and others. These companies compete in similar markets and product categories.

Costco Wholesale has approximately 316,000 employees.

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